Vantiv (VNTV) Shares are Up 2.29%

Vantiv (VNTV) : Traders are bullish on Vantiv (VNTV) as it has outperformed the S&P 500 by a wide margin of 4.96% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.12%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.29% in the last 1 week, and is up 4.4% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 3.31% and the 50-Day Moving Average is 2.8%.The 200 Day SMA reached 7%

Vantiv

Vantiv (NYSE:VNTV): After opening at $56.03, the stock dipped to an intraday low of $54.92 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $56.46 and the buying power remained strong till the end. The stock closed at $56.27 for the day, a gain of 0.50% for the day session. The total traded volume was 2,161,081. The stocks close on the previous trading day was $56.27.

Vantiv (VNTV) : The most positive equity analysts on Vantiv (VNTV) expects the shares to touch $67, whereas, the least positive believes that the stock will trade at $52 in the short term. The company is covered by 18 Wall Street Brokerage Firms. The average price target for shares are $60.78 with an expected fluctuation of $4.24 from the mean.

Vantiv, Inc. (Vantiv) is a holding company that conducts its operations through its majority-owned subsidiary, Vantiv Holding, LLC (Vantiv Holding). The Company operates in two segments: Merchant Services and Financial Institution Services. The Merchant Services segment provides merchant acquiring and payment processing services to national merchants, regional and small-to-mid sized businesses. Merchant Services includes aspects of card processing, including authorization and settlement, customer service, chargeback and retrieval processing and interchange management. The Financial Institution Service segment provides card issuer processing, payment network processing, fraud protection, card production, prepaid program management, automated teller machine (ATM) driving and network gateway and switching services. It also offers processing for accounts, such as business cards, home equity lines of credit and health savings accounts.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.